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Search Results 0 to 11 of about 12 (some duplicates have been removed)
you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill today. harry reid said it would be a nonstarter. wendell goler is live on the north lawn with more. >> reporter: speaker boehner's plan would take the spending cuts agreed to before talks with vice joe biden broke down and raise the debt ceiling a little less than that. it would satisfy the speakers bottom line which is cutting spending more than the debt ceiling is raids but we'd have to go through this all over again by the end of the year. the speaker said yesterday it would solve the immediate crisis. >> there is going to be a two-stage process. it's not physically possible to do all of this in one step. having said that, chris, i know the president is worried about his next election, but my god shouldn't we be worried about the country? >> rep
are saying it can be done. failure to do it would lead to economic meltdown. >> jon, thank you very much. joining me to discuss the road ahead is the white house chief of staff bill daley. thank you very much for joining us. you've heard what jon said. you've seen what speaker boehner has done last night. what's your reaction to the deal being pulled right now? >> it's very unfortunate the speaker made the comments he has. the president is committtt to solving this deficit possible for the future of america. he's looking forward to the meeting to play out his case. he's saying, it is time now to make the tough decisions. in this town, generally they kick the can. nobody wants to do the tough things. he's committed to do that. he's not giving up on trying to bring economic sanity to the city and that's his goal. >> is he still committed to the mega-deal, so to speak? because this is what is floated in the last several days that speaker boehner said no longer possible. will the president continue to push for that? >> the president believes it is time to solve this problem. time to give con
did not raise lots and lots of money, although she did in the polls. but you've got mitt romney, jon huffman after stating about a month ago he's going to get into this race. the folks that are having a tough time raising money have to start there. >> joy, last gas, do you think, for pawlenty? >> well, you know what? i think what we are witnessing here is the battle for the second tier. i think mitt romney would have to be seen as the front-runner, though he hasn't done that great, he's still ahead in the minds of most front-runners. they have to take one another out because you can't want -- let's say if one of them became the nominee, the other couldn't be the vice presidential nominee because they're both from the same state. andbackman occupies a strange space in the republican base right now. really in a way, only in iowa could a lady who just sigh signed a pledge that said black kids were better off as slaves than they were under the first president, only in iowa could that person be the front-runner. but she fits that part of the bait. >> joe, let's talk about safe sarah palin
for joining us. you've heard what jon said. you've seen what speaker boehner did. what's your relakes to the deal nono >> it's very unfortunate the speaker made the comments he has. the president is committed to solving this deficit possible for the future of america. he's looking forward to the meeting to play out his case. he's saying, it is time now to make the tough decisions. in this town, generally they kick the can. nobody wants to do the tough things. he's committed to do that. he's not giving up on trying to bring economic sanity to the city and that's his goal. >> is he still committed to the megadeal, so to speak? because this is what is floated in the lastt several days that speaker boehner said no longer possible. will the continue to push? >> the president believes it is time to solve this problem. time to give confidence to the american people, give confidence to the world. obviously no one wants a default. we shouldn't be close to this situation but it is a result of congress's republican, democratic, republican presidents and democratic presidents who committed the co
folbaum in for jon scott. julie: i'm julie banderas, and "happen position now", we are awaiting a news conference from president obama, with time running out to reach a deal on the debt crisis, remember, that looming debt crisis will expire august 2nd, they need to come up with a solution. the shedown is now turning ugly after an emergency meeting on sunday, republicans, democrats and the president, still not seeing eye to eye, failing to break the deadlock could lead to catastrophe, rick. rick: mike emanuel is live at the white house. as we wait for the president, what are we expecting him to say? >> essentially to make the case that he needs a deal, he wants a deal, and he told both sides, both the house and senate, republicans and democrats last night when they left, to come back with an idea of what would pass their respective houses, and so we expect the president to set the stage, if you will, for today's meeting, which is set for 2:00, and to try to take his case right to the american people, to say you know, we need to get something done, august 2nd is coming. and we need basic
-- >> [ bleep ] you. >> reporter: remember the good old days when jon stewart was celebrated for using the "d" word to attack the host of a cnn show called crossfire. >> you're as big a [ bleep ] on your show as any other show. >> reporter: turns out mark halperin apologized a couple years ago for saying john edwards thinks obama is kind of a "p" word that means timid. now they've used the "d" word as well, gawker reports halperin has called obama both types of genitalia, look for the "d" spot, disconnect. >> one button, two button, four. >> reporter: jeanne moos, cnn, new york. >> all right. coming up next hour, he could have been france's next president. now word that the sex assault case against dominique strauss-kahn may crumble. we'll talk about his future and whether the u.s. legal system really dropped the ball. 55 minutes after the hour. a vacation on a budget with expedia. make it work. booking a flight by itself is an uh-oh. see if we can "stitch" together a better deal. that's a hint, antoine. ooh! see what anandra did? booking your flight and hotel at the same time gets you prices
, after the media hype, it didn't work. it's passed away. >> we go from jon huntsman to tim pawlenty, a very nice guy, successful minnesota governor. yet the iowa poll that came out suggests tim pawlenty is in big trouble. >> he can't great through. he's on the sunday shows, making speeches at cfr, but he hovers around the 9% margin. if he doesn't make a move quickly, he better watch it. >> a cautionary note on pawlenty. he's been in iowa working for i don't know how long. he's got to be organized for the iowa straw polls in august. i think he's got to outperform whatever present number he has. michele bachmann has been in there three weeks. you have to organize the state and the community. he's probably been in all 99 counties. he might have a surprise showing in the iowa aim straw poll. unless he does, he's in, what was it, deep doo-doo. >> one way to look at it. >> do we arrive at a point where republican candidates -- >> that's the big question. to what degree is this base going to go with anybody but barack? i think romney will prove that out. the race is so unsettled at this po
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
Search Results 0 to 11 of about 12 (some duplicates have been removed)